Alibaba's logistics arm Cainiao launches $76.5m global open tender for partnerships

Alibaba's logistics arm Cainiao launches $76.5m global open tender for partnerships

Source: Alizila.com, the news hub for Alibaba Group

Cainiao Smart Logistics Network, the logistics arm of Chinese e-commerce giant Alibaba Group, announced on Thursday the launch of its 2021 global open tender valued at 500 million yuan ($76.5 million) as the firm attempts to strengthen its global logistics network to support cross-border e-commerce growth.